http://www.addisfortune.com/index.htm Addisfortune is the Largest English Weekly in Ethiopia.In this RSS Feed You Will find the top Stories of the week. http://blogs.law.harvard.edu/tech/rss Jitbit RSS Feed Creator Mon, 10 Oct 2011 00:00:00 +0300 Prime Minister Meles Zenawi (left) and Djibouti’s President Ismail Omar Guelleh (right) lean over their chair towards each other during the inauguration of a hydroelectric power substation erected 12km west of Djibouti City on Wednesday, October 5, 2011, part of a 283km transmission line between the two countries. In what Meles called “another bond of brotherhood with [Ethiopia’s] special friend”, the 25-year agreement for the supply of electricity that is transmitting 35Mw now, is to increase to 50Mw. Find Out More. http://www.addisfortune.com/addisfortunenews.htm Mon, 10 Oct 2011 00:00:00 +0300 The Tax and VAT proclamations are to be amended this year as the Ministry of Finance and Economic Development (MoFED) wants to see some provisions changed. Drafts of the two laws are among four, along with Mining Tax and Financial Reporting Proclamations, it is planning to send to the Council of Ministers. http://www.addisfortune.com/MoFED to Draft TAX, VAT Law Amendment.htm Mon, 10 Oct 2011 00:00:00 +0300 Karuturi Global Ltd. is to construct embankments around 25,000ht of farmland, half the size of Addis Abeba, in Gambella Regional State, at a cost of 15 million dollars, following its report of a loss of 15 million dollars due to flooding. http://www.addisfortune.com/Karuturi to Fence Farm Half the Size of Addis.htm Mon, 10 Oct 2011 00:00:00 +0300 Power interruption at one of the busiest and largest, by volume, clearing houses for imported items in the country, the Addis Abeba Commercial Commodities Facilitation Branch Office of the Ethiopian Revenues and Customs Agency (ERCA) disrupted service for three days last week. http://www.addisfortune.com/Power Outages Creates Havoc for Clearing Houses.htm Mon, 10 Oct 2011 00:00:00 +0300 Lion International Bank (LIB) reported a modest increase in profit after tax of 43.7 million Br for the 2010/11 fiscal year; a 10.4pc increase from last year. However, the earning per share (EPS) shareholders would receive decreased by 12.9pc t0 4.4 Br per value of 25 Birr shares. http://www.addisfortune.com/Lion’s Profit not so Profitable to Shareholders.htm Mon, 10 Oct 2011 00:00:00 +0300 A mysterious disease, which has infected approximately 3,000 people in Afar Regional State in the past three months, has medical professionals puzzled. Blood samples were sent to Senegal after an investigation at the Ethiopian Health and Nutrition Research Institution (EHNRI) failed to identify cultures grown here, according to sources in Afar. http://www.addisfortune.com/Inexplicable Disease Afflicts 3000 in Afar.htm Mon, 10 Oct 2011 00:00:00 +0300 Nib International Bank (NIB) and the International Finance Corporation (IFC) are to sign an agreement next week extending the risk-sharing arrangement they have had by another 10 million dollars. This will be the third phase of the arrangement. http://www.addisfortune.com/NIB to Sign Third Phase Risk Sharing Deal with IFC.htm Mon, 10 Oct 2011 00:00:00 +0300 Nyala Motors SC has applied to amend the details of the charges it had brought against its late former general manager, Getachew Kebreselassie, and his daughter, Sehen (MD), for an alleged swindle of 21.1 million Br, claiming it had found new evidence. http://www.addisfortune.com/Nyala Motors Requests to Amend Charges against Ex Manager, Daughter.htm Mon, 10 Oct 2011 00:00:00 +0300 The Ministry of Agriculture (MoA) has signed a 23.7 million Br land lease contract with Toren Agri Plc, a Turkish company, for large scale production of cotton at its head quarters at Asmera road on Monday, October 3, 2011. http://www.addisfortune.com/MoA, Turkish Co Sign 23.7m Br Lease for Cotton.htm Mon, 10 Oct 2011 00:00:00 +0300 East Africa Bottling SC (EABSC), bottler of coca-cola, has appealed to the tax appeal committee under the Ministry of Justice (MoJ) a decision by the Ethiopian Revenues and Customs Authority (ERCA) to pay 13 million Br in back taxes. http://www.addisfortune.com/Coca Bottler Appeals 13m Br Tax Notice.htm Mon, 10 Oct 2011 00:00:00 +0300 Adama City Administration is to demolish around three factories and 1,000 houses to give way to the construction of the new national rail way network. One of the factories to be affected is Adama Corrugated Iron Sheet Factory. http://www.addisfortune.com/Adama to Relocate Residence, Businesses for National Rail Way Network.htmMon, 10 Oct 2011 00:00:00 +0300Vergnet, a French Company which was hired to install the first wind farm by the Ethiopian Electric Power Corporation (EEPCo), has been sued for 50.4 million by Hydro Construction & Engineering Co Ltd it had subcontracted.http://www.addisfortune.com/French Wind Co Sued for 50.4m Br.htmMon, 10 Oct 2011 00:00:00 +0300 Find out about all the Entertainment news From Addis Fortune http://www.addisfortune.com/Fortune_Entertainment_news.htm Mon, 10 Oct 2011 00:00:00 +0300 All the Brief News Articles from various papers http://www.addisfortune.com/newsinbrief.htm Mon, 10 Oct 2011 00:00:00 +0300 Get all the Previous Volums of the News paper http://www.addisfortune.com/Addis_ Fortune Archive.htm Mon, 10 Oct 2011 00:00:00 +0300